The Board of Directors of Puuilo Plc proposed to the Annual General Meeting that based on the balance sheet to be adopted for the financial year 1 February 2021 ­and 31 January 2022, a dividend total of EUR 0.30 per share be paid from the Company's distributable funds in two instalments as follows: The first dividend instalment of EUR 0.15 per share would be paid to shareholders who are registered in the
shareholders' register of the Company maintained by Euroclear Finland Ltd. on the record date of the first dividend
instalment on 24 May 2022. The Board of Directors proposes that the dividend would be paid on 31 May 2022. The second dividend instalment of EUR 0.15 per share would be paid to shareholders who are registered in the
shareholders' register of the Company maintained by Euroclear Finland Ltd. on the record date of the second dividend
instalment on 20 October 2022. The Board of Directors proposes that the dividend would be paid on 27 October
2022.